N.Y. Comp. Codes R. & Regs. Tit. 9 § 2800.4 - Procedure
(a) Based upon a
determination of the extent of funds available, the commissioner will issue,
from time to time, a notice of funding availability (NOFA). This NOFA will be
published in newspapers of general circulation in the various rural regions of
New York State and contain the following:
(1)
the approximate amount of funding available; and
(2) the general requirements for application
submission.
(b)
Applications received in response to NOFA will be processed as follows:
(1) Applications received on or before the
deadline for submission will be reviewed for completeness. All incomplete
applications and any applications received after the deadline will be returned
to the applicants.
(2) Applications
held for further review will be evaluated taking into consideration FmHA
processing as well as the criteria specified in section
2800.3
of this Part.
(3) Based upon DHCR's
evaluation, each application will be assigned a priority for funding.
(4) To the extent funds are available, the
commissioner will select those applications with the highest priorities and
issue to the appropriate applicants conditional commitments specifying the
number of units by household type and amount of subsidy reserved for that
project.
(5) Applicants with lesser
priority will be held in a pipeline and will be considered for future funding
if and when additional fundings become available. The applicants will be
notified of their status and any conditions regarding future
consideration.
(c)
Projects selected pursuant to subdivision (b) of this section for funding will
be issued a notification of award of rental assistance. Notifications of award
of rental assistance are conditional upon obtaining FmHA approvals in a timely
manner. In connection with its processing, DHCR will, to the maximum extent
possible, rely on subsequent determinations made by FmHA, including but not
limited to sponsor eligibility and project feasibility. The commitment made by
DHCR may be rescinded upon notification by FmHA of any negative findings which
prevent an application from being further considered. The sponsor shall signify
in writing its acceptance of rental assistance for the project and its
agreement to comply with article XVII-A and these regulations, and to enter
into a rental assistance contract upon completion of the project.
(d) Upon certification by FmHA of the
completion, or substantial completion, of the project to the satisfaction of
FmHA, the commissioner shall enter into a rental assistance contract with the
sponsor.
Notes
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